Ranking of Moroccan insurers according to 2019 turnover
Figures in thousands
| Companies | Turnover 2019 | Turnover 2018 | 2018-2019 evolution* | 2019 market shares | ||
|---|---|---|---|---|---|---|
| MAD | USD | MAD | USD | |||
Wafa Assurance | 8 853 000 | 912 390 | 8 371 000 | 875 272 | 5.76% | 19.72% |
RMA | 6 816 000 | 702 457 | 6 543 700 | 684 209 | 4.16% | 15.18% |
Saham Assurance | 5 422 400 | 558 833 | 5 223 200 | 546 138 | 3.81% | 12.08% |
Mutuelle Taamine Chaabi | 5 123 200 | 527 997 | 4 253 000 | 444 694 | 20.46% | 11.41% |
Axa Assurance Maroc | 4 645 200 | 478 734 | 4 231 100 | 442 404 | 9.79% | 10.35% |
Atlanta | 2 664 400 | 274 593 | 2 432 900 | 254 384 | 9.52% | 5.93% |
Marocaine Vie | 2 267 600 | 233 699 | 1 825 500 | 190 874 | 24.22% | 5.05% |
Sanad | 2 176 300 | 224 290 | 2 022 400 | 211 462 | 7.61% | 4.85% |
MCMA | 1 541 200 | 158 836 | 1 418 500 | 148 318 | 8.65% | 3.43% |
Allianz Assurance Maroc | 1 479 900 | 152 518 | 1 367 100 | 142 944 | 8.25% | 3.30% |
MAMDA | 1 034 600 | 106 626 | 1 000 700 | 104 633 | 3.39% | 2.30% |
CAT | 693 000 | 71 421 | 688 800 | 72 021 | 0.61% | 1.54% |
Maroc Assistance Internationale | 568 100 | 58 548 | 541 700 | 56 640 | 4.87% | 1.26% |
Saham Assistance | 471 700 | 48 613 | 555 000 | 58 031 | -15.01% | 1.05% |
MATU | 416 600 | 42 935 | 317 700 | 33 219 | 31.13% | 0.93% |
Wafa IMA Assistance | 281 400 | 29 001 | 268 400 | 28 064 | 4.84% | 0.63% |
Euler Hermes ACMAR | 144 800 | 14 923 | 131 700 | 13 771 | 9.95% | 0.32% |
RMA Assistance | 113 100 | 11 656 | - | - | - | 0.25% |
Axa Assistance Maroc | 86 900 | 8 956 | 97 700 | 10 215 | -11.05% | 0.19% |
Coface Maroc | 62 700 | 6 462 | 55 100 | 5 761 | 13.79% | 0.14% |
Smaex | 39 900 | 4 112 | - | - | - | 0.09% |
| Total | 44 902 000 | 4 627 600 | 41 345 200 | 4 323 054 | 8.60% | 100% |
* Growth rate in local currency
Exchange rate as at 31/12/2018 : 1 MAD = 0.10456 USD
Exchange rate as at 31/12/2019 : 1 MAD = 0.10306 USD
